Final Expense Life Insurance

Our Specialty Is Easy, Affordable Life Insurance!

FIRST DAY COVERAGE

We offer only burial, cremation, funeral, or final expense life insurance with first-day coverage or benefits (no 2-year waiting period).

PHONE Approval

We help people 100% over the phone.

No need for someone to come to your house and make purchasing insurance uncomfortable.

KISS – Keep It Simple Silly

What we do is easy to understand.

  • We specialize in 1st-day coverage or benefits
  • Your coverage starts from your first payment
  • Your rates will never increase
  • Your coverage will never decrease
  • You can add more coverage later if needed
  • Fast payment of death benefit occurs after claim approval

 

How To Apply And Get Approved

Online Quote

It takes about 11-13 minutes on the phone to determine your insurance needs and perform preliminary underwriting to see who will approve you for the lowest rates.

After that, It takes about 15 minutes on the phone with an insurance company to get you approved.

No money is needed to get you approved, and you can start your plan on any day of the month.

Most people prefer their monthly draft to coincide with their social security, retirement, or pension payday.

Online Quote

No Tricks, Scams, Deceptive Tactics

Agents or companies that offer “state-regulated life insurance programs,” $9.95 per unit plans, 2-year waiting period only policies, or temporary term life insurance will often say almost anything to sell you a policy.

Companies that engage in deceptive marketing and misleading advertising should never be trusted!

If an agent or company isn’t honest from their first contact with you, things won’t improve over time.

But it doesn’t have to be that way.

 

Who Is Not A Good Fit

There are three basic requirements for you to work with us.

  1. You must meet age requirements (determined by each insurance company)
  2. You must be a US Citizen or a Permanent Resident
  3. You must have a valid checking or savings account with a bank or credit union.

We do not accept clients with payment methods such as mailing in checks, paying with credit or debit cards, or paying with a government Direct Express card.

These payment methods have a high lapse rate because people forget to update their payment information after theft, loss, expiration, or replacement.

Offering permanent life insurance with a high-lapse payment method does not serve our clients at the highest level.

 

Types of Final Expense Insurance

This part’s easy. There are only two types of final expense insurance: simplified and guaranteed. Each varies slightly in how much coverage you can get, how much you’ll pay for it, and how much medical information you’ll need to provide. Let’s see what you need to know.

Simplified

The good news is you can get simplified issue life insurance simply by filling out a medical questionnaire (medical exams aren’t necessary). It’s usually for people who need life insurance right away, people who were denied traditional life insurance, or those who don’t want to go through a medical exam.

The not-so-good news? The premiums tend to be higher and coverage amounts are lower than traditional life insurance.

Guaranteed

Guaranteed final expense life insurance is easier to get than simplified—you can get it even if you have a serious health issue. And like simplified final expense insurance, there’s no medical exam and an even shorter medical questionnaire (or none at all).

Guarantees are nice, right? Just know you’ll pay higher premium costs and be restricted by a lower life insurance payout cap (usually $25,000). Insurance companies take on more risk with this type of policy, so they often make it up in several ways:

  • Charging higher premiums
  • Limiting the death benefit amount
  • Requiring a longer waiting period

How Much Does Final Expense Insurance Cost?

The premium amount for final expense insurance is higher per dollar of coverage than what you’d pay for the same benefit amount with other types of life insurance.

Paper and Pencil

For example, for a final expense life insurance benefit amount of $50,000 for a 70-year-old man, your monthly premium could be double or even triple the amount you’d pay for the same $50,000 term life insurance benefit amount for the same 70-year-old man.

Is final expense insurance part of a smart financial plan? No way! We just don’t think final expense insurance is a smart way to spend your money. Let’s go over the reasons why.